Shopify has allowed cryptocurrency payments
By Mark Lemon – Cryptocurrency Specialist
Cryptocurrency is becoming more and more popular every day, with many people and companies starting to embrace it, as found on CryptoGlobe. Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), Ethereum (ETH) and many others have been making slow but steady progress to reach where they are today. Bitcoin, the original cryptographic currency, has been around since 2008 but only started receiving major attention in the last few years and this blockchain network has still not been incorporated into most traditional systems and markets.
People are buying and selling cryptocurrency such as Bitcoin for various reasons, the most common reason is that people want to own a digital asset. At the same time, others buy cryptocurrency and buy Bitcoin because it makes online transactions easier and many users also like to gamble with them through crypto casinos.
Further to this, users are increasingly using cryptocurrencies to shop online. Shopify, for instance, has recently joined hands with CoinPayments, a crypto payments processor, making it easy to use cryptocurrency when making online purchases. With the new integration, Shopify can now process payments for more than 1,800 different types of cryptocurrencies. According to Shopify, this partnership should make transactions more accessible and easier for merchants as well as cheaper due to the reduced fees involved.
CoinPayments has now processed more than $5 billion worth of cryptocurrency payments since its inception. The company offers various shopping cart plugins, digital wallets, and APIs to its clients.
Jason Butcher, the CEO of CoinPayments, is also very proud of this new partnership. He said that this partnership would bring a considerable change in the payments industry, stating that the combination of an easy-to-use crypto payment platform with Shopify's wide merchant base will streamline the process for anyone who is looking to use cryptocurrencies for their business.
It is true that there are risks to Bitcoin investing, such as its value being exceedingly difficult to predict because of fluctuations. However, there are huge benefits that its users cannot resist which is why so many people Buy and Sell Bitcoin. If you’re looking to buy cryptocurrency, be sure to check out our site at BC Bitcoin.